Free tool · Saving

Sinking Funds planner

The MOT, car tax, insurance renewal, TV Licence, Christmas — none of them arrive monthly, so they land like a shock. Tell this what each costs a year and it works out the small amount to tuck away each month, per pot and combined.

Your annual costs

List the bills that don’t arrive monthly — the MOT, insurance renewal, TV Licence, Christmas. Put the whole year’s cost; edit or delete anything that doesn’t apply.

PotCost / yearSet aside / mo
££4.57
££15.83
££14.54
££50.00
££40.00
Set aside each month£124.95
£1,499.35a year, total
5pots
MOT£4.57 / mo
Vehicle tax (VED)£15.83 / mo
TV Licence£14.54 / mo
Car insurance£50.00 / mo
Christmas£40.00 / mo
Combined£124.95 / mo
Why set it aside

Put £124.95 into a separate savings pot each month and the money is already there when each bill lands — no scramble, no card, no shock.

Self-directed budgeting tool, not financial advice. MOT and TV Licence figures are gov.uk guide costs; the rest vary — edit them to your own bills.

Want it to remember everything?

UK Sinking Funds & Annual Bills Planner

This works out the monthly figure. The full UK Sinking Funds planner tracks what you’ve saved into each pot, fills a progress bar every month, and maps which months are lumpy — with a UK cost guide built in.